Blue Owl (OWL) Should Come On My Show, Says Jim Cramer

We recently published 13 Stocks That Crossed Jim Cramer’s Radar. Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks Jim Cramer discussed.

Alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) has been in the news lately after its shares closed 5% lower on Monday. Cramer hasn’t discussed the stock much lately, and in this appearance, he outlined that the firm reminded him of Blackstone. Media reports suggest that Blue Owl Capital Inc. (NYSE:OWL)’s shares were pressured due to the firm’s decision to prevent investors from redeeming their investments in a private credit fund that was due to merge with another one of its larger funds. The volatility led to Blue Owl Capital Inc. (NYSE:OWL)’s management scrapping the deal, according to CNBC. In his comments, Cramer invited the firm’s management to come on his show and share insights into their operations:

“[When asked if he was getting on the Blue Owl bandwagon] No I’m just saying that, to just denigrate a company. . .because of this reminds me a little bit too much of Blackstone. But I’ll tell you this. If they come on the show, like Blackstone did, remember when Jonathan Gray came on the show. . .so let’s have Blue Owl come on, they’ve got a couple of people. . .and let them tell us what they own. Top 5 holdings and I will feel so much better. So I am inviting Blue Owl on, right now, to be able to tell us what’s in that, what happened, and then I’m going to be reassured. . .

“They have not come on our show, this is their moment, and if they’ll come on our show, then I have to think differently. . .”

While we acknowledge the potential of OWL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.